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Apr 17, 2013
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the irs says boston taxpayers will be granted extensions on their tax returns. every little bit helps. that is my "2 cents more." a great night and we will see rebecca tomorr evening. ♪ lou: lou: good evening and thank you for being with us. details tonight emerging about yesterday's horrific terrorist attack and the boston marathon. the two exploons on boils some street wounded 176 by standards. three people killed. martin richard lost his life in thexplosion that also left his brother and sister critically wounded. waiting by the finish line to hug his father and to congratulate him for finishing a marathon. 29-year-old crystal campbell also killed in the attack after adding to the finish line to take a picture of a friend was completing the race. the third victim has now been identified as a graduate student from boston university, but her name has not been released pending notification of next of kin. seventeen other victims tonight remain in critical condition. some have lost limbs or arms, many have suffered severe injuries ttheir legs. doctor operated t
the irs says boston taxpayers will be granted extensions on their tax returns. every little bit helps. that is my "2 cents more." a great night and we will see rebecca tomorr evening. ♪ lou: lou: good evening and thank you for being with us. details tonight emerging about yesterday's horrific terrorist attack and the boston marathon. the two exploons on boils some street wounded 176 by standards. three people killed. martin richard lost his life in thexplosion that also left his...
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Apr 17, 2013
04/13
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let's juice up and give us tax decreases and tax cuts. do you think that's going to happen? >> i do, i'm optimistic and have always been, but in 2014, i think we'll take the senate and in 2016, the presidency and it doesn't have to be a republican. it can be a jack kennedy democrat and low rate, flat tax, you know, spending restraint and we can get sound money, free trade, mineral regulation and get the heck out of the way and the way that thatcher did and kennedy did and bill clinton did. this is what we need. >> look, i couldn't agree with you more, i do believe that's exactly what we need. and you think that that will be the expectation for the future. >> yes. >> and the stock market will go up early or middle of next year, because it expects that to happen? >> i think so. i mean, you really, unfortunately in this wonderful economy of ours, i love margaret thatcher's speech she said socialism a wonderful until you run out of other people's money to spend. the truth of the matter is we've run out of other people's money to spend. the party is gone and economy is in terribl
let's juice up and give us tax decreases and tax cuts. do you think that's going to happen? >> i do, i'm optimistic and have always been, but in 2014, i think we'll take the senate and in 2016, the presidency and it doesn't have to be a republican. it can be a jack kennedy democrat and low rate, flat tax, you know, spending restraint and we can get sound money, free trade, mineral regulation and get the heck out of the way and the way that thatcher did and kennedy did and bill clinton...
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Apr 17, 2013
04/13
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david: by the way, the government shouldn't be the one -- it is all those taxes. most of the extra charges seem to be these little nickel and dime taxes that they charge you. that is from the government. the government is not going to solve the problem. the government is part of the problem anyway. lori: i don't know, peter. i think your cell phone bill must be so high you can't afford a razor. david: oh. it is 5:00. he has a 5:00 shadow. lori: he has more than that. >> i'm going to shave right now. lori: thank you. i have an app for that. david: just because he arrives at 3:00 a.m. every morning and doesn't have a chance it shave. lori: i couldn't resist. [laughter] david: oh, lord. >> my shaving app. my shaving app. david: thanks a lot, peter. lori: it can drain your wallet. we'll tell you about a $40,000 cocktail. that will set you back. david: we asked you whether or not you thought apple would regain its mojo. we'll read some of your responses coming up next. ♪ . my mantra? trust your instincts to make the call. to treat my low testosterone, my doctor and i
david: by the way, the government shouldn't be the one -- it is all those taxes. most of the extra charges seem to be these little nickel and dime taxes that they charge you. that is from the government. the government is not going to solve the problem. the government is part of the problem anyway. lori: i don't know, peter. i think your cell phone bill must be so high you can't afford a razor. david: oh. it is 5:00. he has a 5:00 shadow. lori: he has more than that. >> i'm going to shave...
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Apr 17, 2013
04/13
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payroll tax, gas two things affect my wallet. adam: they're looking backwards. you have oil below $88 a barrel. tracy: i haven't felt that. adam: hopefully we'll feel it soon. tracy: we have stocks selling off, down about 19 points. the vix also known as the wall street fear index is soaring. let's head down to nicole petallides on the floor of the exchange. the vix will tell you what will happen 30 days from now, right? it is a gauge of the future. that means we're nervous about the future. >> that's exactly right. what it does it takes into account the volatility and fear in the market over the 30 days ahead for the s&p 500. that's exactly what we're seeing here today. we're seeing it at a level of 1 d. it was up over 24% earlier today. we're certainly seeing the volatility here on wall street. we have really seen that just this week alone. on monday we were down 265 points. yesterday we gained only to pull back again today and take out monday's lows. we're seeing broad based selling across the board. the more economically sensitive sectors are the ones gettin
payroll tax, gas two things affect my wallet. adam: they're looking backwards. you have oil below $88 a barrel. tracy: i haven't felt that. adam: hopefully we'll feel it soon. tracy: we have stocks selling off, down about 19 points. the vix also known as the wall street fear index is soaring. let's head down to nicole petallides on the floor of the exchange. the vix will tell you what will happen 30 days from now, right? it is a gauge of the future. that means we're nervous about the future....
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Apr 17, 2013
04/13
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show me something and also the outlooks are all negative because the sequester, payroll tax cut that went away, all that stuff, melissa is factoring i think what is happening in these companies to where mark's point, yeah they have all run up and now we're starting to say the cows are coming home and we don't have true earnings growth, the top-line growth that we need. melissa: lance, that is absolutely right. that is the theme we hear again and again, they can't grow the top line because the economy isn't supporting that. what do you do? how do you respond to that? how do you protect your money? >> well the thing is you have to understand, actually mark hit on a great point, since 2009 revenues only grown by about 7% of the earnings have grown by almost 230%. the disparity's come from things like stock buybacks, accounting gimmickry in terms when do we account for stuff and when we don't. and so what drives corporate growth in the stock markets over the long term is that top line revenue, sales. that's what we node to see. that is what --. melissa: lance, i know that, tell me how do
show me something and also the outlooks are all negative because the sequester, payroll tax cut that went away, all that stuff, melissa is factoring i think what is happening in these companies to where mark's point, yeah they have all run up and now we're starting to say the cows are coming home and we don't have true earnings growth, the top-line growth that we need. melissa: lance, that is absolutely right. that is the theme we hear again and again, they can't grow the top line because the...